From the following Balance Sheets of X Ltd. make out the Cash Flow Statement BALANCE SHEET ADDITIONAL INFORMATION: 1. Depreciation of Rs. 10,000 and Rs. 20,000 has been charged on Plant and land and building respectively in 2018. 2. A dividend of Rs. 20000 has been paid in 2018. 3. Tax of Rs. 35000 has been paid in 2018. Q3. The following is the summarized balance sheet of Michael Ltd. LIABILITIES 2017 2018 ASSETS 2017 2018 Equity Share Capital Preference Share Capital General Reserve Profit and Loss Account Proposed dividend Creditors Bills payable Provision for taxation 300000 150000 40000 30000 42000 55000 20000 40000 400000 100000 70000 48000 50000 83000 16000 50000 Goodwill Land & Building Plant Debtors Stock Bills Receivable Cash in hand Cash at bank 115000 200000 80000 160000 77000 20000 15000 10000 90000 170000 200000 200000 109000 30000 10000 8000 677000 817000 677000 817000
From the following Balance Sheets of X Ltd. make out the Cash Flow Statement BALANCE SHEET ADDITIONAL INFORMATION: 1. Depreciation of Rs. 10,000 and Rs. 20,000 has been charged on Plant and land and building respectively in 2018. 2. A dividend of Rs. 20000 has been paid in 2018. 3. Tax of Rs. 35000 has been paid in 2018. Q3. The following is the summarized balance sheet of Michael Ltd. LIABILITIES 2017 2018 ASSETS 2017 2018 Equity Share Capital Preference Share Capital General Reserve Profit and Loss Account Proposed dividend Creditors Bills payable Provision for taxation 300000 150000 40000 30000 42000 55000 20000 40000 400000 100000 70000 48000 50000 83000 16000 50000 Goodwill Land & Building Plant Debtors Stock Bills Receivable Cash in hand Cash at bank 115000 200000 80000 160000 77000 20000 15000 10000 90000 170000 200000 200000 109000 30000 10000 8000 677000 817000 677000 817000
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
From the following Balance Sheets of X Ltd. make out the Cash Flow Statement
BALANCE SHEET
ADDITIONAL INFORMATION:
1. Depreciation of Rs. 10,000 and Rs. 20,000 has been charged on Plant and land and building
respectively in 2018.
2. A dividend of Rs. 20000 has been paid in 2018.
3. Tax of Rs. 35000 has been paid in 2018.
Q3. The following is the summarized balance sheet of Michael Ltd.
LIABILITIES 2017 2018 ASSETS 2017 2018
Equity Share Capital
Preference Share
Capital
General Reserve
Profit and Loss Account
Proposed dividend
Creditors
Bills payable
Provision for taxation
300000
150000
40000
30000
42000
55000
20000
40000
400000
100000
70000
48000
50000
83000
16000
50000
Goodwill
Land & Building
Plant
Debtors
Stock
Bills Receivable
Cash in hand
Cash at bank
115000
200000
80000
160000
77000
20000
15000
10000
90000
170000
200000
200000
109000
30000
10000
8000
677000 817000 677000 817000
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